Cost of Living Comparison Between Belgrade and Herceg Novi Cost of Living Comparison Between Belgrade and Herceg Novi

Monthly Cost of Living

A single person spends $1,641 per month in Belgrade vs $1,282 in Herceg Novi, rent included.

A couple spends around $2,474 per month in Belgrade vs $2,079 in Herceg Novi, rent included.

A family of three spends $3,307 per month in Belgrade vs $2,876 in Herceg Novi, rent included.

Belgrade costs about 28% more than Herceg Novi, driven mainly by Clothing & Footwear.

Belgrade sits 19% above the global median, while Herceg Novi is 7% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$13.70 RSD 1,382

$11.40 €9.80

20.18%

Three-Course Dinner for Two, Mid-Range

$60.1 RSD 6,063

$38.04 €32.71

57.99%

Fast Food Meal (McDonalds, etc)

$13.52 RSD 1,364

$9.14 €7.86

47.92%

Cappuccino

$3.32 RSD 335

$2.61 €2.24

27.20%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$2.82 RSD 285

$2.56 €2.20

10.16%

Water (0.33 liter bottle)

$2.46 RSD 248

$1.64 €1.41

50.00%

Local Beer (0.5 liter draught)

$3.61 RSD 364

$2.92 €2.51

23.63%

Imported Beer (0.33 liter bottle)

$4.04 RSD 407

$3.53 €3.03

14.45%

Milk (1 liter)

$1.50 RSD 151

$1.20 €1.03

25.00%

White Bread (500g)

$1.15 RSD 116

$1.00 €0.86

15.00%

Rice (white) (1kg)

$2.90 RSD 292

$2.94 €2.53

-1.36%

Eggs

$2.80 RSD 282

$3.10 €2.66

-9.68%

Local Cheese (1kg)

$11.67 RSD 1,177

$9.19 €7.90

26.99%

Chicken Fillets (1kg)

$7.29 RSD 735

$7.43 €6.39

-1.88%

Beef Round Steak (1kg)

$16.46 RSD 1,661

$13.00 €11.18

26.62%

Apples (1kg)

$1.76 RSD 177

$1.34 €1.15

31.34%

Banana (1kg)

$1.89 RSD 190

$1.57 €1.35

20.38%

Oranges (1kg)

$2.03 RSD 205

$1.67 €1.44

21.56%

Tomato (1kg)

$3.25 RSD 328

$2.99 €2.57

8.70%

Potato (1kg)

$0.98 RSD 98.5

$0.91 €0.78

7.69%

Onion (1kg)

$0.70 RSD 70.6

$1.36 €1.17

-48.53%

Lettuce (1 head)

$0.83 RSD 84.1

$1.50 €1.29

-44.67%

Water (1.5 liter bottle)

$0.74 RSD 74.3

$0.99 €0.85

-25.25%

Cigarettes 20 Pack (Marlboro, Camel)

$4.67 RSD 471

$4.00 €3.44

16.75%

Wine (Bottle)

$10.17 RSD 1,026

$4.53 €3.90

124.50%

Local Beer (0.5 liter bottle)

$0.90 RSD 91.1

$1.32 €1.14

-31.82%

Imported Beer (0.33 liter bottle)

$1.57 RSD 158

$1.84 €1.59

-14.67%

One-way Ticket (Public Transport)

$1.79 €1.54

Public Transport Monthly Pass (Regular Price)

$47.38 €40.73

Taxi Start (Normal Tariff)

$3.08 RSD 311

$3.10 €2.66

-0.65%

Taxi (Normal Tariff) (1km)

$1.06 RSD 107

$1.18 €1.02

-10.17%

Taxi 1hour Waiting (Normal Tariff)

$18.08 RSD 1,825

$17.63 €15.15

2.55%

Gasoline (1 liter)

$1.96 RSD 197

$1.80 €1.55

8.89%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$32.0K RSD 3.2M

$33.8K €29.0K

-5.31%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$24.9K RSD 2.5M

$21.8K €18.8K

14.09%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$219 RSD 22.1K

$137 €118

59.73%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$27.31 RSD 2,755

$13.28 €11.42

105.65%

Internet (50+ Mbps, Unlimited Data)

$36.82 RSD 3,715

$35.68 €30.67

3.20%

Gym Membership (Monthly)

$42.32 RSD 4,269

$57.8 €49.67

-26.76%

Tennis Court (1 Hour on Weekend)

$23.99 RSD 2,420

$11.71 €10.07

104.87%

Cinema Ticket

$8.73 RSD 881

$8.31 €7.14

5.05%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$431 RSD 43.5K

$466 €400

-7.43%

International Primary School, 1 Child (Yearly)

$11.6K RSD 1.2M

$7,235 €6,220

59.99%

Jeans (Levis 501 Or Similar)

$115 RSD 11.6K

$85.9 €73.9

33.83%

Summer Dress (H&M, Zara, etc)

$47.98 RSD 4,840

$35.37 €30.41

35.65%

Sport Shoes (Adidas, Nike)

$122 RSD 12.3K

$74.6 €64.2

63.67%

Men's Leather Business Shoes

$165 RSD 16.7K

$97.7 €84.0

68.94%

1-bedroom Apartment, City Center (Monthly)

$874 RSD 88.1K

$682 €587

28.01%

1-bedroom Apartment, Outside City Center (Monthly)

$587 RSD 59.3K

$415 €357

41.50%

3-bedroom Apartment, City Center (Monthly)

$1,585 RSD 159.9K

$1,303 €1,120

21.65%

3-bedroom Apartment, Outside City Center (Monthly)

$1,009 RSD 101.8K

$927 €797

8.81%

Buy Apartment in City Center (m2)

$5,705 RSD 575.6K

$3,887 €3,342

46.76%

Buy Apartment Outside City Center (m2)

$3,249 RSD 327.8K

$2,457 €2,112

32.23%

Average Monthly Net Salary (After Tax)

$1,229 RSD 124.0K

$1,069 €919

15.02%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.64

-7.20%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Belgrade: August 30, 2026

Last update for Herceg Novi: August 31, 2026

Cost Breakdown

A central one-bedroom costs $874 in Belgrade versus $682 in Herceg Novi. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 15% higher in Belgrade, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $60.0 in Belgrade versus $38.00 in Herceg Novi. Monthly groceries follow the same trend: $259 vs $230 – making Herceg Novi the more affordable choice for daily food spending.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Belgrade vs Herceg Novi: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $1,641 in Belgrade, $1,282 in Herceg Novi – roughly 28% apart. Belgrade costs more across the board, with Clothing & Footwear showing the biggest gap.

For a comfortable life, plan on about $2,461 per month in Belgrade and $1,923 in Herceg Novi. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Herceg Novi, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

A mid-range dinner for two costs $60.0 in Belgrade and $38.00 in Herceg Novi. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Groceries cost about 13% more in Belgrade, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A $2,000 monthly budget goes further in Herceg Novi, where all-in costs run around $1,282, than in Belgrade at $1,641. In Herceg Novi it covers expenses comfortably, while in Belgrade it requires careful planning or may not stretch far enough.

Families tend to lean toward Herceg Novi – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with Herceg Novi. If higher salaries, better infrastructure, or specific career opportunities are the priority, Belgrade makes more sense. Both are solid long-term options with distinct trade-offs.